A game-changing merger is placing the social media platform on a new fusion-fueled path.Shares of Trump Media & Technology Group (DJT +41.93%) surged on Thursday after the company announced a $6 billion merger with TAE Technologies. By the close of trading, DJT's stock price was up more than 40%. Trump Media's cash could propel TAE Technologies' scientific advancesThe union would combine Trump Media's substantial financial resources with TAE's advanced technology to create one of the world's first publicly ...

Good Thursday morning. Welcome to Opening Bid. I'm Yahoo Finance executive editor Brian Sazi.Let's get right after it. Here's what's on my mind right now. Inflation in President Trump's late night TV show.The consumer price index rose 2.7% in November according to new data out today. The headline result came in below estimates for a 3.1% increase. Consumers are still being pinched by high healthcare, rent, and food costs this holiday season, though.On the other end of the spectrum, we have President Trump d ...

Trump Media CEO Devin Nunes and TAE CEO Dr. Michl Binderbauer intend to serve as co-CEOs of the combined company. Related Education The news has brought some life back into Trump Media's shares, which have lost more than half their value this year and are well off 2025 highs seen around the time of Trump's second inauguration. Why This Matters Shares of Truth Social parent company Trump Media & Technology have mostly fallen this year, losing more than half their value and dropping even further from early ye ...

Trump Media and Technology Group (DJT) stock surged more than 35% on Thursday after the parent company of Truth Social announced a merger with fusion power firm TAE Technologies (TATE.PVT). The deal underscores a bet on the energy demands from AI and data centers and the technologies that could prevail. TAE's backers include tech giant Google (GOOG, GOOGL), Goldman Sachs (GS), and oil major Chevron (CVX). The agreement, valued at more than $6 billion, is a bet on the future of fusion, a type of nuclear ...

Trump Media is merging with fusion power company TAE Technologies in $6B+ deal https://t.co/1KxEIqlPOC ...

Summary of Trump Media & Technology Group and TAE Technologies Merger Conference Call Industry and Companies Involved - **Companies**: Trump Media & Technology Group (TMTG) and TAE Technologies - **Industry**: Fusion Power and Technology Core Points and Arguments 1. **Merger Announcement**: TMTG and TAE Technologies are planning a merger that is expected to create significant value for shareholders of both companies [2][5] 2. **Fusion Power Significance**: The merger aims to establish the first publicly traded fusion power company, which is anticipated to be a major breakthrough in energy production, providing reliable, cost-effective, and carbon-free electricity [3][4] 3. **Financial Position**: TMTG has accumulated over $3 billion in financial assets as of Q3 2025, which will be utilized to advance TAE's fusion technology [4] 4. **Transaction Structure**: The merger is structured as an all-stock transaction valued at over $6 billion, with TMTG shareholders expected to own approximately 50% of the combined company [5][6] 5. **Leadership and Governance**: The combined company will have co-CEOs, Devin Nunes and Dr. Michael Benevides, and a nine-person board including independent members [5][6] 6. **Investment Commitment**: TMTG will invest up to $200 million into TAE and an additional $100 million upon filing a Form S-4 with the SEC to accelerate TAE's objectives [8] 7. **Timeline for Development**: The first utility-scale fusion power plant is expected to be sited by the end of 2026, with plans for future plants in the 350-500 megawatt range [7][9] 8. **Funding and Support**: TAE has raised over $1.3 billion in private capital from notable investors, including Google and Chevron, which underscores the confidence in its research and technology [9] Other Important Information 1. **Regulatory and Shareholder Approval**: The merger is subject to customary closing conditions, including regulatory and shareholder approvals, with ongoing transparency throughout the process [5][11] 2. **Focus on American Innovation**: The partnership emphasizes a mission centered on American innovation and global energy leadership, aiming to lead the transition toward sustainable power [11] 3. **Technological Differentiation**: TAE's approach combines plasma physics and accelerator physics, which is seen as a key factor in achieving utility-scale fusion power [8]

Company Overview - Trump Media and Technology Group (TMTG) is merging with TAE Technologies, a company focused on fusion power, in an all-stock transaction valued at over $6 billion [1] - TMTG is the parent company of Truth Social, a microblogging platform launched after former President Trump was banned from major social media platforms [2] - TMTG went public last year through a merger with a special-purpose acquisition company (SPAC) and reported a loss of $54.8 million on revenue of $972,900 for the quarter ended September 30, 2025 [2] Financial Position - TMTG has amassed $3.1 billion in assets, primarily through cryptocurrency investments and partnerships, despite low revenue generation from its platforms [3] Fusion Power Initiative - TMTG's acquisition of TAE Technologies aims to establish America's global energy dominance, with plans to construct the world's first utility-scale fusion power plant (50 MWe) next year and additional plants expected to be 350-500 MWe [4] - TAE Technologies has raised nearly $2 billion since its inception, with a recent funding round of $150 million from investors including Google and Chevron [8] - TAE has faced challenges in making its fusion designs work but is also developing a division focused on life sciences, selling a particle accelerator for cancer treatment [9] Industry Context - The fusion power sector is competitive, with other companies like Commonwealth Fusion Systems and Helion also pursuing the goal of integrating fusion power into the grid by the early 2030s [6] - Successful fusion startups could provide gigawatts of clean energy using hydrogen isotopes from seawater, with the process involving heating and compressing these isotopes to create plasma [7]

Breaking: Trump Media agreed to merge with fusion power company TAE Technologies in an all-stock deal worth more than $6 billion https://t.co/JxqBCmQEgV ...

Alex, stay with us for just a moment because we've got some news about a new media merger and it's pretty unusual one. Uh, the Trump Media and Technology Group is announcing plans to merge with TAE Technologies. That is a fusion power company.This is an all stock merger of equals that's valued at more than $6 billion. And upon closing, Trump Media will be a holding company for its current portfolio of media brands including Truth Social. also the power brands that are owned by TAE.If you read this release, ...

President Trump's media company Trump Media & Technology Group agreed to merge with fusion power company TAE Technologies in an all-stock deal worth more than $6 billion. ...